UC Santa Barbara Department of Economics Dean's Investment Group

Dean's Investment Group

A student-managed investment fund at UC Santa Barbara

The Dean's Investment Group (DIG) gives UCSB undergraduates responsibility for a real investment portfolio. Students research companies, make recommendations, and vote on every position, with guidance from an advisory board of alumni working in the industry.

Assets under management
1-year return
Student members
Advisory board

Portfolio figures as of .

The Portfolio

Performance and composition as of . Returns are shown against the .

Growth of $10,000 over the past year
DIG portfolio

Returns

PeriodDIG

Risk, trailing year

Sector allocation

    Top ten holdings

    TickerCompanySectorWeight

    Investment Policy

    Summary of the fund's Investment Policy Statement.

    Read the full statement

    Strategy
    Long-only U.S. equity, benchmark-aware ("enhanced index"). Returns come from bottom-up stock selection, disciplined position sizing, and research-supported tilts.
    Benchmark
    S&P 500 ex-Energy Index, with a target tracking error of about 4–6% a year.
    Portfolio
    Up to 30 positions, mostly individual stocks. Positions usually start at 2–3% and are capped at 10%. Sector weights stay within about five points of the benchmark.
    Investments
    U.S.-listed stocks, ADRs, and REITs, plus cash. No derivatives, leverage, short sales, or private securities. Tobacco and fossil-fuel companies are excluded.
    Decisions
    Every trade requires a majority vote of members and approval from the faculty advisors. Portfolio and risk reviews happen each quarter.

    Members

    roster.

    Advisory Board

    UCSB alumni and investment professionals who advise the sector teams and review the portfolio each quarter.

      Alumni

      Former members of the Dean's Investment Group.

      Joining DIG

      DIG recruits UCSB undergraduates each fall. Applicants from any major are welcome, and no prior investing experience is required.

        Questions about membership can be sent to .

        Get involved

        Alumni and industry professionals who would like to advise a sector team are welcome to get in touch.

        DIG supports the PROPEL scholarship initiative in the Department of Economics. More about the program at econ.ucsb.edu.